OFF MARKET

27 Crebert Street
Mayfield East NSW 2304

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 143m2
Land area: 404m2
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Property Details for 27 Crebert St, Mayfield East

27 Crebert St, Mayfield East is a 3 bedroom, 2 bathroom House and was built in 1930. The property has a land size of 404m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1930
Floor Size
143m2
Land Size
404m2
Local Government
Newcastle
Lot/Plan
1/B/DP8144

Last Listing description (February 2020)

This is a fantastic opportunity to own a part of historic Mayfield and take advantage of one of Newcastle's most up and coming, vibrant suburbs.

Currently with 3 x 1 Bedroom units bringing in a collective $630.00 per week, this property is ready to be renovated back to its former glory as a three bedroom home.

Close to schools, local shops, cafes and within easy access to some of Australia's best beaches and the CBD, this will tick all the boxes for the smart investor.

With a solid brick and tile structure and a swathe of character throughout, this property is one of the first buildings to be constructed on this lovely elevated street.

- Period features include, high ceilings, ornate plasterwork, picture rails and large sash
windows.
- All three apartments have a full kitchen, bathroom and bedroom, one offers an additional sunroom.
- A sunny private level rear yard includes a well-maintained lawn
and a shed with laundry
- Set on a prime 404m2 corner block in a quiet street with plenty of street parking.
- The current rental return is $630 per week.

With Crebert Street having been described as the 'blue ribbon' of Mayfield, this is an opportunity not to be overlooked. Surrounded by quality homes and positioned in a community minded suburb that is continuing to draw attention from young professionals and families, this is a sound investment in a suburb that is enjoying significant revitalisation.

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Property History for 27 Crebert St, Mayfield East, NSW 2304

A timeline of how this property has performed in the market
Last Sold
$475,000
25 Feb 2020
  • 25 Feb 2020
    Sold for $475,000
  • 12 Apr 2019
    Listed for Sale Expression Of Interest
  • 14 Aug 2011
    Listed for Sale 379000
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About Mayfield East 2304

The size of Mayfield East is approximately 0.6 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Mayfield East in 2011 was 1,709 people. By 2016 the population was 1,703 showing a population decline of 0.4% in the area during that time. The predominant age group in Mayfield East is 20-29 years. Households in Mayfield East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mayfield East work in a professional occupation. In 2011, 61.5% of the homes in Mayfield East were owner-occupied compared with 60.1% in 2016.

Mayfield East has 872 properties. Over the last 5 years, Houses in Mayfield East have seen a 64.34% increase in median value, while Units have seen a 46.31% increase. As at 31 October 2024:

  • The median value for Houses in Mayfield East is $941,220 while the median value for Units is $736,481.
  • Houses have a median rent of $608 while Units have a median rent of $570.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Mayfield east on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Mayfield east.

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